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84: Star Media Announces Transformation
Three days later, Magic City, Xingyao Media Headquarters.
CEO Li rubbed her temples and walked into the president's office with a look of exhaustion. The desk was piled high with termination requests and filming progress reports.
Over the past few days, multiple projects under the company had encountered consecutive problems. Almost every production crew had key actors taking leave on various pretexts, being late, or acting like divas, causing repeated delays in filming progress.
It would be fine if only one production crew had issues, but for all of them to have problems meant there was a major issue.
Currently, only the filming of "urban tycoon" was proceeding normally. After all, the characters in it were played by their own trained Internet Celebrities, and no one dared to act like a diva.
Faced with this, CEO Li didn't know what to do.
To enter the entertainment industry, one cannot succeed without a background.
Although she was the female president of Xingyao Media, how many big stars in the entire entertainment industry had she actually befriended?
Now that everyone was refusing to give her face, it was only natural!
General Manager Chen Ming knocked on the office door at this time, and CEO Li signaled for him to enter.
Chen Ming's attitude held a hint of arrogance. With the company facing such a Waterloo, he felt it was a good opportunity to seize power.
"CEO Li, I'm afraid we've offended some big shots in the industry. Does the company need me to step in and mediate?"
"If this continues, we might end up with no one to use! If Xingyao Media has the funds but can't produce a movie, wouldn't it become the laughingstock of the industry?"
"In my estimation, it's likely that signing Ye Wanqing led to this situation. This woman is an ill omen; the water here is very murky. Since you're a newcomer, you might not be aware!"
Chen Ming's tone was clearly no longer as respectful. Relying on his connections in the entertainment industry, he began to speak with cold sarcasm.
How could CEO Li not hear the underlying meaning?
But she couldn't easily lose her temper yet!
General Manager Chen Ming was right; in this world, it's about social graces, background, and strength!
There are many things that money alone cannot resolve.
In an era of economic downturn where everyone huddles together for warmth, how could an outsider expect to get a piece of the pie so easily?
CEO Li said calmly, "I see. I'll consider your suggestion and get back to you this afternoon."
Being born into humble circumstances is no disgrace; to be able to bend and stretch is the mark of a great person.
As the top leader, one must keep their emotions hidden. CEO Li was just a secretary before, so being able to do this was already quite good.
Chen Ming felt a pang of regret at not seeing CEO Li panic, so he could only withdraw for now.
CEO Li's slender, fair fingers pinched the bridge of her nose. Taking a deep breath, she dialed the number and called Cao Lang.
"CEO Cao, the company has run into some problems."
CEO Li explained everything clearly, reporting the events of the past few days to Cao Lang.
At this time, Cao Lang was still in bed practicing Chinese Kung Fu. Hearing CEO Li's report, he gave a disdainful and domineering reply.
"They don't want to film? Then don't! Tell them all to get lost and pay up to leave. If they won't pay, have Robin sue them."
"But... if we do that, basically all our ongoing projects will come to a halt. The initial costs we've already invested..."
"Money doesn't matter; what we don't lack is money. Understand?" Cao Lang interrupted her. "The money saved can be invested in the influencer live-streaming industry."
CEO Li took a deep breath. With Cao Lang's support, she felt a full sense of security! She said firmly, "I understand. I'll prepare the termination documents immediately."
In the afternoon, General Manager Chen Ming returned to CEO Li's office.
"CEO Li, what have you decided? There's no time to lose. I suggest we immediately terminate Ye Wanqing's contract. From what I know, this matter might be related to the Qin Group!"
General Manager Chen Ming leaked some information, trying to intimidate CEO Li.
To his surprise, CEO Li's words left him completely stunned.
"Vice President Chen, you're getting old. It's time to retire. The company won't mistreat you; we'll compensate you according to the N+1 formula."
General Manager Chen Ming was dumbfounded... He, the second-in-command, was being told to leave with N+1 severance?
If people in the industry found out, they'd laugh their heads off!
...A day later, the entertainment industry in Magic City was in an uproar!
Xingyao Media terminated partnerships with over a dozen artists in one go, including several popular young actors and starlets.
In this circle, contract termination is usually initiated by the artist; companies rarely dump people so decisively. This simply subverted the industry's hidden rules!
The terminated artists weren't worried. With the Qin Group backing them, what did a mere penalty fee matter? They could find better resources in a few days. They even privately mocked Xingyao Media's move as being no different from cutting off its own arms.
However, to their surprise, Xingyao Media underwent a total transformation! It would now focus on the influencer economy and short drama business.
At the press conference, CEO Li's public explanation was: The barriers in the traditional film and television industry are too high, with long production cycles, large investments, and high risks. Meanwhile, the influencer economy has low barriers, fast monetization, and strong fan loyalty! Xingyao Media will focus on its development!
At the same time, they released recruitment terms for influencers, with various benefits being extremely generous! They far exceeded those of ordinary influencer companies!
They also established a Talent Scouting Department to find potential amateurs from all over the country who had the qualities to become influencers with tens of millions of followers.
"I'm not called Lobster, Wangzai Milk, Bushi Shoude Han, Tang Yuwan, Wode Zhingengniao, Shisan Xiangzi, Dongrixue, Little Water, Lin Batian, Ke'ai Duoduo Yang, Tao Tao Oni, Lin Xinyi, Xiao Guoba, Jiumao Bushuai, Remained Alone, Wang Yuhui, Xiaomao Lei, Wei Wei Zi, Jiuchengmei..."
Almost every influencer with a bit of fame received an invitation from Xingyao Media.
The invitations were very sincere, made of gold leaf and worth over a thousand yuan each.
Many female influencers took pride in receiving the invitation from Xingyao Media, posting them on TikTok one after another. "#HaveYouReceivedAnInvitationFromXingyaoMediaToday" became a trending topic.
Many freelance influencers were tempted; they also wanted to join a large company.
Xingyao Media not only provided professional legal consultants to ensure you wouldn't sign a predatory contract,
But also offered high base salaries, a 50/50 split on gifts, and social security benefits! Providing social security benefits to Streamers directly broke industry precedents.
As a Chinese person, who could refuse the tempting social security benefits? This was a full sense of security provided by the company, a manifestation of humanity!
Influencers don't have stable income sources. While it might not matter for some big influencers who earn tens of thousands a month, some small influencers might not make a single cent in a month!
This is where the base salary and social security play a huge role!
Xingyao Media treated everyone equally; regardless of your follower count, as long as you passed the interview, they would provide the highest standard of social security benefits!
Influencers from all over the country who were still on the fence heard this news and no longer hesitated, flying directly to Magic City for interviews.
In front of the Xingyao Media headquarters, some street photographers had already been waiting at their spots.
"My goodness, I've never seen so many beauties in my life!"
"Oh my god, if any one of these beauties became my wife, I'd wake up laughing in my dreams!"
"Oh my god, that beauty looks like the influencer Shui Bing Yue; I really like her!"
"Isn't that Chengdu Yang Yuhuan? Her videos weren't photoshopped; she really has the goods in person!"
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